Category: lira
Erdogan Plays With Fire, Promises Rate Cuts As US Said Ready To Announce Sanctions In S-400 Spat
“You can’t keep a good autocrat down”.
‘This Story Is So Incredible’: Erdogan Gets His S-400s As Turkey Dares Trump To Pull Sanctions Trigger
Trump effectively blessed this in Osaka.
Plunging Lira, Deutsche Bank News, Japan-Korea Spat Make For Inauspicious Start To Crucial Week
None of this sets a particularly upbeat tone.
In Epically Brazen Move, Erdogan Ousts Central Bank Governor, Reminds Everyone Who Is In Charge
“[I] don’t know why Erdogan does not just take the job himself”.
Trump Would Hate To Have To ‘Cripple’ Turkey’s Economy Over S-400 Dispute
Maybe and autocrat-to-autocrat chat at the G20 can solve it.
Turkey Just Rolled Out Another Desperate-Sounding ‘Fix’ Ahead Of Istanbul Rerun
Expect Turkey to be back on the front burner come next week.
Lira, Turkish Stocks Crash (Again)
Erdogan will now loot “legal reserves” to plug budget holes.
Desperate Times…
… call for desperate measures.
Burnt Turkey.
“Whatever we did to the terrorists threatening our borders, we will do the same” to economic saboteurs.